Tanzania Expected to Earn U.S.$347 Million From Cashew Nuts
Agriculture Minister Japhet Hasunga has said that the amount will be reached after buyers pay required charges in the business chain for the 2019/20 trading season, thanks to president John Magufuli's industrialization drive which is attracting investors to set up cashew-processing firms in the country.
The Tanzania cashew nuts industry will soon be processing 5,000 tonnes of cashew nuts per year with help from a Chinese firm. Trade and Investment Minister, Joseph Kakunda says the ... Read more »
While cooperatives have commended President John Magufuli's intervention, they have warned that this should not happen at the expense of other stakeholders in the business of ... Read more »
The government's proposal to make changes to the Cashewnut Industry Act has sparked a heated debate in parliament. Currently the law requires that 65% of the crop export levy be ... Read more »